Re: Why private note holder sells at discount?

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Posted by John Konrad on August 20, 2002 at 17:04:53:

In Reply to: Why private note holder sells at discount? posted by KyleC on August 07, 2002 at 19:17:14:

That question is pretty much the basis for our entire industry. But let me ask you this. Would you rather have $100 today or $200 in 5 years? I know that seems pretty basic, but just think of all the things you could do with that $100, you could invest it, you could use it to put towards your mortgage on your house so you dont have to pay so much in interest. I can't even tell you how many things you can do with your money. The problem is people dont have access to it, but now they do. That could answer your question but then again there are so many ways to answer your question.

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